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Calgary, Alberta (July 23, 2025) — Enverus Intelligence Research (EIR), a subsidiary of Enverus , the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 2Q2025 upstream M&A activity and outlook for the rest of the year. Its acquisition of Encino for $5.6
(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. The latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44% per barrel of oil equivalent—a 29% reduction from the previous year.
The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep.
by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey. “The company has set a new benchmark in opening up a deepwater frontier at pace.
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown. The golf event is sponsored by global sponsor Netherland, Sewell & Associates and EnerCom.
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Liquids” includes crude oil and NGLs.
The collaboration exemplifies a trend among upstream and midstream companies aligning to streamline infrastructure, reduce emissions, and unlock production efficiencies. Facility Overview The proposed gas plant will process up to 5,635 e³m³/d of raw gas , with regenerative sweetening and subsurface acid gas injection to reduce emissions.
is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. Ron holds a B.Sc. Ron is a runner, cyclist, hiker, skier, and occasional adventure racer.
While oil rig counts continued to slip, steady activity in key basins like the Haynesville and a sharp uptick in states like Kansas signal a potential turning point for upstream operations heading into the second half of 2025. July 21, 2025 After a 12-week decline, U.S. Here’s a structured summary and analysis of the latest U.S.
The Universal Canister System (UCS), developed through a three-year ARPA-E-funded project, supports integrated management of spent fuel and high-level waste from advanced reactors across storage, transport, and disposal. Its commercial Aurora power plant is engineered to produce 75 megawatts. uranium mining and production.
This new system, known as the EU ETS2, will focus on upstream emissions, targeting fuel suppliers instead of end consumers. As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. 1 âEU Emissions Trading System: Scope of the EU ETS,â European Commission. percent, dropping to around 0.8
Don’t miss the celebration, sponsorship opportunities are still available. is pleased to announce its lineup of unparalleled networking opportunities at the upcoming EnerCom Denver – The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown in Denver, Colorado. and EnerCom.
The change of ownership was approved and issued on June 24, 2025, under Permit #143348, marking a key regulatory milestone in the company’s operational expansion across the Permian Basin. miles west of Seagraves on TX 83 and 1.7 miles south along County Road 203. miles west of Seagraves on TX 83 and 1.7
Calgary, Alberta (April 23, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year.
(World Oil) – Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018.
The record $120 billion upstream M&A spending spree in 2024 focused on the consolidation of Permian Basin positions by the major U.S. When the dust cleared at year-end, the larger E&Ps we track plus supermajor ExxonMobil closed or announced deals on acreage that generated about 1.5
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. Production by Formation - 12 Months (01.2024 - 12.2024) Different formations contribute to Permian Basin production, with the Trend Area and Wolfcamp formations leading in both oil and gas output.
The pace of multibillion-dollar acquisitions in the upstream sector may have eased a bit after a frenetic couple of years, but M&A among E&Ps is still happening. In today’s RBN blog, we look at a variety of recent upstream M&A and divestment announcements and what they tell us about the production end of U.S.
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.
upstream M&A reaching $105 billion in 2024the third highest as recorded by Enverusthe market shows no signs of slowing down, with high price tag deals being driven by the scarcity of high-quality inventory. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1]
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company, released on April 23 its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values.
The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.
(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.
UpCurve Energy Valeura Energy (TSX: VLE) Verde Energy Solutions Vermilion Energy (TSX/NYSE: VET) Vitesse Energy (NYSE: VTS) Whitecap Resources (TSX: WCP) Zephyr Energy (AIM: ZPHR; OTCQB: ZPHRF) Companies continue to be added to the schedule daily. Benefitting IN! Venue: Westin Denver Downtown. Please book rooms under the EnerCom Denver block.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Although the pace of growth is clearly slowing, the basin still offers significant upside potential.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industry leaders! The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th. The golf event is sponsored by global sponsor Netherland, Sewell & Associates, Inc.,
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! In addition, the conferences live webcast reaches a global audience of virtual attendees. The golf event is sponsored by global sponsor Netherland, Sewell & Associates and EnerCom.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! In addition, the conferences live webcast reaches a global audience of virtual attendees. The golf event is sponsored by global sponsor Netherland, Sewell & Associates and EnerCom.
British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace. Whether youre a directional driller, frac crew, water hauler, or E&P investor knowing where the backlog is can be the key to targeting the right accounts and fields for the months ahead.
Ballymore is an example of how we are leveraging technology and driving efficiencies to help produce affordable, reliable energy from the deepwater Gulf of America, one of the lowest carbon intensity oil and gas producing basins in the world, said Brent Gros, Vice President of Chevron Gulf of America. owning the remaining 40%.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas Gets New Block offshore Suriname by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 7:53 AM EST The new acreage lies next to Petronas' Block 52, which contains the Fusaea, Roystonea and Sloanea discoveries. Petroliam Nasional Bhd.’s
BP achieved upstream plant reliability of 95.4%, one of its best on record, and refining availability at 96.2%. Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024.
President Trump is calling on OPEC to increase U.S. crude production, which could easily push crude prices lowerinto this second quarter of 2025, as supply would likely then outpace demand. Just how low could prices goor will they fall at all? The answer depends on a confluence of factors, as supply is just one part of the equation.
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